Partners Group expects $450 bln assets under management by 2033

Partners Group PGHN said on Wednesday it expects to increase its assets under management (AUM) value to more than 450 billion dollars by 2033, anticipating the private markets industry to more than double in size over the next decade.

The Swiss private equity firm, which reported slightly better-than-expected full year results on Tuesday, expects private equity to make up more than 200 billion dollars of this sum and private credit more than 70 billion dollars.